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This is the second consecutive week where all 10 car segment types have declined and the fourth straight week of overall car decline, reports Black Book’s Ricky Beggs.
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The average auction price for a rental risk unit declined slightly in June, but remained above the $14,000 mark. While average mileage declined slightly from May to June, mileage and price remain at historically high levels.
Read More →The used car market is enjoying historic pricing — but can you take advantage, and how long will it last?
Read More →Adesa reports that wholesale used vehicle prices in May averaged $10,460 – down 1.1% compared to April and 0.8% lower than May 2010.
Read More →Comparing three-year old entry level cars at this time last year to the three-year old model today that shows an increase in value of 28.99 percent, or almost $1,900.
Read More →Ricky Beggs, managing editor of Black Book, offers insights into last week’s Conference of Automotive Remarketing (CAR), held concurrently to the Car Rental Conference in Las Vegas.
Read More →Car rental operators and industry stakeholders react to market forces and assimilate change into their business plans.
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